Mergers & Acquisitions ·
MSG Knickerbockers distributes MSG Rangers shares to holders on 1-for-2 basis
MSGRMSG Rangers Corp.
On October 26, 2026, MSG Knickerbockers Corp. completed the distribution of all issued and outstanding shares of MSG Rangers Corp. common stock to holders of record as of October 20, 2026. Each holder received one share of MSG Rangers Class A or Class B common stock for every two shares of corresponding MSG Knickerbockers class held. The distribution involved approximately 9.8 million Class A shares and 2.3 million Class B shares, with fractional shares converted to cash. Concurrently, the company entered into an NHL Transfer Consent Agreement requiring league approval for future ownership transfers of the New York Rangers hockey club. MSG Rangers Corp. operates in the professional sports industry, specifically owning and operating the New York Rangers.